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Thursday, December 18, 2025

Newport County Face Financial Problems

A fans forum at Newport County last night was told by Huw Jenkins, who owns 52% of the club, that efforts to increase investment in the club had not, as yet, been forthcoming.

County are currently bottom of League Two and haven't won at Rodney Parade since last March.

The turnover of the club is around £4.5M per year with £1M spent on Rodney Parade on which they have a long lease.

Jenkins took a stake in the club in 2003. In 2004 he increased his shareholding to over 50% by taking over supporters trust shares. 

But keeping the club afloat is costing Jenkins a fortune.

He told the meeting he had invested £3M with £300,000 last month alone to keep the club in business. 

"I took the challenge on so there is no excuses," said Jenkins.

"I know how difficult it is. It can't go on forever, whether it's me in charge, or somebody else taking over." 

Given their position manager Christian Fuchs would like funds to beef up his squad in the transfer market but how much extra funding he can expect to have is uncertain.